Diageo Historical Income Statement

DGE Stock   2,518  17.50  0.69%   
Historical analysis of Diageo PLC income statement accounts such as Total Revenue of 13.4 B or Gross Profit of 13.4 B can show how well Diageo PLC performed in making a profits. Evaluating Diageo PLC income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Diageo PLC's future profits or losses.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Diageo PLC latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Diageo PLC is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diageo PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About Diageo Income Statement Analysis

Diageo PLC Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Diageo PLC shareholders. The income statement also shows Diageo investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Diageo PLC Income Statement Chart

At present, Diageo PLC's Research Development is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 10.9 B, whereas Interest Expense is forecasted to decline to about 393 M.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts Diageo PLC generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Diageo PLC minus its cost of goods sold. It is profit before Diageo PLC operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Diageo PLC. It is also known as Diageo PLC overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Diageo PLC operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Diageo PLC is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Diageo PLC's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Diageo PLC current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diageo PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Diageo PLC's Research Development is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 10.9 B, whereas Interest Expense is forecasted to decline to about 393 M.
 2021 2022 2023 2024 (projected)
Interest Expense502M794M1.1B393M
Depreciation And Amortization489M496M537.8M342M

Diageo PLC income statement Correlations

0.490.270.050.260.220.210.110.310.020.13-0.210.270.23-0.330.10.380.27-0.30.010.14-0.12-0.210.170.0
0.490.620.260.520.660.550.380.590.130.35-0.730.480.66-0.45-0.240.820.68-0.010.490.55-0.580.040.110.25
0.270.620.790.950.440.470.850.480.640.33-0.680.370.67-0.570.060.740.80.050.570.6-0.470.060.190.43
0.050.260.790.91-0.11-0.110.97-0.10.97-0.24-0.5-0.250.31-0.54-0.240.280.35-0.250.230.24-0.4-0.080.060.19
0.260.520.950.910.140.220.940.240.830.03-0.610.080.49-0.55-0.030.540.62-0.060.330.4-0.430.00.260.32
0.220.660.44-0.110.140.830.00.83-0.340.86-0.480.890.73-0.230.110.830.720.290.80.74-0.340.17-0.140.4
0.210.550.47-0.110.220.830.011.0-0.30.86-0.320.880.630.00.440.70.680.40.550.56-0.060.480.220.46
0.110.380.850.970.940.00.010.020.92-0.15-0.59-0.130.36-0.45-0.240.40.46-0.070.320.36-0.470.00.130.32
0.310.590.48-0.10.240.831.00.02-0.290.85-0.330.890.64-0.040.440.720.680.360.540.56-0.070.450.230.45
0.020.130.640.970.83-0.34-0.30.92-0.29-0.45-0.38-0.460.13-0.46-0.30.080.15-0.320.010.04-0.32-0.120.090.07
0.130.350.33-0.240.030.860.86-0.150.85-0.45-0.10.950.590.030.560.570.590.390.640.50.080.19-0.160.27
-0.21-0.73-0.68-0.5-0.61-0.48-0.32-0.59-0.33-0.38-0.1-0.26-0.510.620.46-0.83-0.77-0.07-0.68-0.750.93-0.12-0.29-0.62
0.270.480.37-0.250.080.890.88-0.130.89-0.460.95-0.260.53-0.060.470.70.70.440.670.58-0.080.180.010.35
0.230.660.670.310.490.730.630.360.640.130.59-0.510.53-0.450.050.770.680.040.590.69-0.350.14-0.010.39
-0.33-0.45-0.57-0.54-0.55-0.230.0-0.45-0.04-0.460.030.62-0.06-0.450.26-0.52-0.490.53-0.34-0.360.610.43-0.03-0.1
0.1-0.240.06-0.24-0.030.110.44-0.240.44-0.30.560.460.470.050.26-0.080.140.25-0.12-0.160.640.040.16-0.06
0.380.820.740.280.540.830.70.40.720.080.57-0.830.70.77-0.52-0.080.930.250.80.88-0.690.160.210.62
0.270.680.80.350.620.720.680.460.680.150.59-0.770.70.68-0.490.140.930.370.780.83-0.620.150.330.63
-0.3-0.010.05-0.25-0.060.290.4-0.070.36-0.320.39-0.070.440.040.530.250.250.370.350.42-0.050.510.340.53
0.010.490.570.230.330.80.550.320.540.010.64-0.680.670.59-0.34-0.120.80.780.350.85-0.610.19-0.160.58
0.140.550.60.240.40.740.560.360.560.040.5-0.750.580.69-0.36-0.160.880.830.420.85-0.70.350.180.77
-0.12-0.58-0.47-0.4-0.43-0.34-0.06-0.47-0.07-0.320.080.93-0.08-0.350.610.64-0.69-0.62-0.05-0.61-0.7-0.03-0.22-0.53
-0.210.040.06-0.080.00.170.480.00.45-0.120.19-0.120.180.140.430.040.160.150.510.190.35-0.030.440.58
0.170.110.190.060.26-0.140.220.130.230.09-0.16-0.290.01-0.01-0.030.160.210.330.34-0.160.18-0.220.440.53
0.00.250.430.190.320.40.460.320.450.070.27-0.620.350.39-0.1-0.060.620.630.530.580.77-0.530.580.53
Click cells to compare fundamentals

Diageo PLC Account Relationship Matchups

Diageo PLC income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization480M447M489M496M537.8M342M
Interest Expense571M496M502M794M1.1B393M
Total Revenue11.8B12.7B15.5B17.1B16.1B13.4B
Gross Profit7.1B7.7B9.5B10.2B9.7B13.4B
Other Operating Expenses9.6B9.0B11.0B12.5B11.4B10.9B
Operating Income2.1B3.7B4.4B4.6B6.0B2.0B
Ebit4.0B3.8B4.4B5.1B4.9B2.3B
Research Development34M40M43M53M54.6M65M
Ebitda4.5B4.2B4.9B5.6B5.4B2.7B
Total Operating Expenses5.0B4.0B5.1B5.6B5.0B10.9B
Income Before Tax2.0B3.7B4.4B4.7B4.0B1.3B
Total Other Income Expense Net(94M)(25M)(73.6M)(1.2B)(2.0B)(1.2B)
Net Income1.7B2.7B3.9B4.4B3.9B704M
Income Tax Expense589M907M1.0B970M1.3B546M
Net Income Applicable To Common Shares1.4B2.7B3.2B3.7B4.3B4.5B
Minority Interest1.7B1.5B(89M)(32M)(296M)(281.2M)
Selling General Administrative1.8B2.2B2.7B3.1B32.4M30.8M
Selling And Marketing Expenses1.8B2.2B2.7B3.1B3.7B2.0B
Cost Of Revenue4.7B5.0B6.0B6.9B6.4B5.0B
Net Income From Continuing Ops1.5B2.8B3.3B3.8B4.2B3.2B
Tax Provision589M907M1.0B970M1.3B920.5M
Net Interest Income(359M)(365M)(381M)(603M)(925M)(878.8M)
Interest Income331M134M133M168M194M168.1M
Reconciled Depreciation374M1.8B447M828M1.1B811.4M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Diageo Stock

Diageo PLC Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Diageo PLC shareholders. The income statement also shows Diageo investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).